Mercantile (Ordinary Share) MRC

UK Growth

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Estimated NAV

1964.00

Share Price

1719.14

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Mercantile (Ordinary Share) Price 17.70%
Mercantile (Ordinary Share) NAV 19.36%
FTSE 250 ex Inv Trusts 19.10%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 1730.0 -11.9% 1964.00 1972.00
19 Jan
111% 2.49%

Discrete performance % over

Fund / BenchmarkFeb '14
Jan '15
Feb '15
Jan '16
Feb '16
Jan '17
Mercantile (Ordinary Share) Price-5.5312.9810.27
Mercantile (Ordinary Share) NAV-0.939.4110.13
FTSE 250 ex Inv Trusts1.100.0417.76

Discrete performance over

Discrete Performance

Top 10 Holdings

Domino Pizza UK & Ireland 2.90%
D S Smith PLC 2.46%
Auto Trader 2.34%
Just Eat 2.34%
Phoenix Group Holdings 2.34%
IG Group Holdings 2.23%
RPC Group 2.23%
Segro PLC 2.01%
Halma 2.01%
Bellway PLC 2.01%

Sectors weighting

General Industrials 26.40%
Consumer Services 25.50%
Finance - General 21.70%
Net Current Assets 10.40%
Consumer Goods 7.20%
Technology 3.40%
Materials 1.90%
Oil & Gas 1.60%
Healthcare 1.60%
Telecommunications 0.30%

Regional weighting

UK 91.00%
Cash/Cash Equivalent 9.00%
  • Investment trust info:

  • Sector UK Growth
  • Launch Date 08 Dec 1884
  • Currency GBX
  • Domicile UK
  • Share Price 1719.14
  • Share Type Ordinary Share
  • TIDM MRC
  • ISIN GB0005794036
  • Shares Issued (M) 88
  • Market Capital (£M) 1515.88
  • Gross Assets (£M) 1904.50
  • Net Assets (£M) 1720.87
  • TER (%) 0.50
  • Historic Dividend Yield (%) 2.49
  • Last AGM 25 May 2016
  • Next AGM 25 May 2017
  • Last Annual Report Date 22 Jun 2016
  • Next due Report Date 31 Jan 2017
  • Next due Report Type A/R
  • Objective:

  • To achieve long-term capital growth from a UK portfolio of medium and smaller companies with dividend at least in line with UK inflation.
  • Management Group(s):

  • J.P. Morgan Fleming Asset
  • JP Morgan Asset Management (UK) Ltd
  • JPMorgan Asset Management (UK) Ltd
  • JPMorgan Funds Limited
  • Managed by:

  • Anthony Lynch Start: 31 Dec 2009
  • Guy Anderson Start: 01 Aug 2012
  • Martin Hudson Start: 01 Jan 1994
  • Timothy Lewis Start: 30 Dec 2014
  • Management Contract & Fees:

    Management agreement with JPMorgan Funds Limited terminable on 6 months' notice. The management fee is paid monthly in arrears and is equal to 0.5% per annum of the Company's market capitalisation, excluding funds managed or advised by JPMorgan Asset Management or any of its associate companies.